Joining me on the panel today, gary b. Smith, christina partsinevelos, john layfield, and mr. Steve forbes. Sparking the sell off today, the two and tenyear treasury yield, their curve inverting for the first time today since 2007. I know its a lot of gobbley goock but this move has been a flashing red light ahead of almost all the last recessions for the past 50 years. Heres former Federal Reserve chair janet yellen in a fox business exclusive. Listen. Are we going into a recession so i think the answer is most likely no. I think that the u. S. Economy has enough strength to avoid that, but the odds have clearly risen, and they are higher than im frankly comfortable with. David steve forbes, do you agree . I think we should avoid a recession, david, but the key thing is not about inverted yield curves and stuff like that. Its about what happened on fox this morning, an interview with Peter Navarro who took a very very hardline, undid the good feelings yesterday that were back to the n
And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
releasing it would do grave damage to their investigation. but here s the thing, there really isn t a lot of specific precedent here. a former president of the united states has never had their home searched by the fbi. a former president of the united states has never taken classified materials home and then not given them back. a former president of the united states has then never gone on to publicly attack the fbi and the d.o.j., putting the departments and the individual law enforcement officers and officials who work there in grave personal danger. that is to say the public interests around this case along with the potential consequences of withholding more information around the search could sway the judge into releasing it, if not all of it then maybe some of it with redactions. and while we don t know what judge reinhart will decide at this moment, we could know at any moment. the hearing started an hour ago. joining me now from outside of the courthouse in west palm
i trust we ll have you back soon. thanks for being here. we are at the top of the hour now. it is 9:00 here on the east coast. 8:00 in uvalde, texas. let s get to several major discrepancies. let s go to morgan who is on the ground in uvalde. morgan? reporter: another tough morning here in uvalde as authorities are shifting what happened and when here inside robb elementary school. this is coming after we heard from parents who were just outside the school saying police were not acting fast enough when those gun shots rang out inside. now as authorities try to provide some clarity with answers, there are only new questions rising about why they didn t engage that gunman fast enough. this morning, growing confusion and outrage about why it took so long to take out that lone gunman. our job is to report the facts and have those answers. we re not there yet. reporter: police now say it took over an hour from the first 911 call to stop the massacre. in that time, 19 child
Heres why you should switch from chrome to duckduckgo. Duckduckgo is a browser you download to your mobile and desktop devices. Unlike chrome, the Duckduckgo Browser has privacy builtin. It comes with a private alternative to google search, which doesnâ– t spy on your searches, and it blocks cookies and creepy ads. And theres no catch. Its free. We make money from ads, but they dont follow you around. Join the millions of people taking back their privacy by Downloading Duckduckgo On Mobile and desktop today. If a house divided against itself cannot stand, what then of a house paralyzed and no speaker to speak of. The new reporting on where the House Republican majority is headed next. Donald trump slapped with a gag order in the new york fraud case, the attack that prompted the judges action. What trump is forbidden to talk about. Home coming week horror, five people shot. Students sheltering in place for hours. Im john berman with sara sidner and kate bolduan, this is cnn news central